Can the conveyancing solicitors listed on your site execute attended exchange conveyancing in Gravesend?
There are a few conveyancing experts carrying out personalised exchanges. Please contact us to receive a costs illustration and details as to availability.
What does my ID and proof of funds have anything to do with my conveyancing in Gravesend? Is this really necessary?
To satisfy the Money Laundering Regulations any Gravesend conveyancing firm will require evidence of your identity in all conveyancing transactions. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing your correct address.
In accordance with Money Laundering Regulations, conveyancers are obliged by law to ascertain not just the identity of conveyancing clients but also the source of fund that they receive in respect of any matter. An unwillingness to disclose this may lead to your lawyer cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers will have an obligation to inform the relevant authorities should they believe that any monies received by them may contravene the Anti-terror and anti-money-laundering rules.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a house in Gravesend?
Unless a prior acquisition of the property completed after 12 October 2013 you can take it that conveyancing practitioners carrying out conveyancing in Gravesend to remain encouraging a chancel search and or insurance against a claim.
What does commercial conveyancing in Gravesend cover?
Gravesend conveyancing for business premises incorporates a broad array of advice, supplied by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Back In 2006, I bought a leasehold flat in Gravesend. Conveyancing and Bank of Scotland mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Gravesend who acted for me is not around. Any advice?
The first thing you should do is contact HMLR to make sure that this person is indeed the new freeholder. You do not need to instruct a Gravesend conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a studio flat in Gravesend, conveyancing having been completed 8 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Gravesend with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ends on 21st October 2093
You have 69 years unexpired we estimate the price of your lease extension to be between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
I have read on numerous online forums that before selecting a conveyancing firm they need approved by your bank. I am a FTB but I have an offer in principle with Santander and I already have a local conveyancing solicitor in Gravesend at the ready. Does Halifax require an approved lawyer to be selected? If so, where can I find that list so I can appoint a conveyancing lawyer in Gravesend?
You need to use a solicitor that is on the Halifax panel. Just ring your chosen Gravesend conveyancing lawyer and ask if they are on the Halifax panel. If they are not approved you have a number of options open to you here:
- Carry on with your existing Gravesend conveyancing practitioner but Halifax will undoubtedly retain a conveyancer from their conveyancing panel. The net impact is additional charges and likely interruption.
- Get a fresh conveyancing practitioner to act in the purchase, ensuring that they are on the Halifax conveyancing panel.
- Convince your solicitor to pull out all the stops to get accepted on the Halifax conveyancing panel.